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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Jerry Miller who wrote (3794)7/7/1999 7:21:00 AM
From: sam  Read Replies (1) of 5843
 
I'm not certain MSFT capitulated. Nevertheless, the news the last few weeks has been great as far as RNWK is concerned. That said, last quarter the internet stocks sold off on YHOO's numbers. If I recall correctly, RNWK fell 40 points...only to shoot up 50 or so in one day in anticipation of its own numbers (pre-split). Volatility is the name of the game with stocks such as RNWK. Will it head back to the 70s? Maybe. Maybe not. But if RNWK continues to make the right moves and lead its field, it'll continue to do extremely well from a stock perspective imo. Unlike many other internet stocks, I believe RNWK actually has a legitimate shot at beating its old high this year.
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